erurjpy

On FX:GBPJPY, there is a clear uptrend. Price makes higher high and higher low. Uptrend also well-confirmed by 2 Trendlines, which consider as a Channel in this set-up. Those trendlines are dynamic support and resistance.
Price smoothly respecting trendlines, and it is more likely that it will do it again. It gives us a nice opportunity to go long.
In my ...